First active Esaver and first active regular saver rates?

[JamesGG]

Can someone tell me why I get a lot less interest on these than I should be getting?

I hav 14200 in the esaver (5.5%)got 49 euro the first month, 42 euro the second month, 43 the third month?

I can only lodge 1000 per month into the regular saver(7.1%) and I only got €19 on that so far after about 5 months? IF thats the case I may be better off sticking it into another account.

Now Im not brilliant with numbers but I dont think this adds up does it?

Thanks.

 

[TheJackal]

Think First Active only deposit interest quartely.

And their regular saver rate is now 6.40%, not 7.15%

 

[Raskolnikov]

I imagine that FA will now cut that rate from 6.4% to 5.9% as a result of the interest rate cut today?

 

[Lightning]

It is likely but not all market or near-market leading products are dropping their rates in line with the ECB.

 

[TheJackal]

It is likely but not all market or near-market leading products are dropping their rates in line with the ECB.

Yes, FA's saving account is not ECB linked so it's up to them.

Last time they followed the full 0.75% ECB drop, but not for a few weeks after the ECB rate fell.